Financial awareness

Whatever the business, charity or global multinational, your organisation needs to deal with money. Managers who understand the core elements of finance are crucial to your commercial health. It is therefore essential your managers have some financial awareness to underpin their management skills.

This course demonstrates financial concepts through real business scenarios that your managers can relate to, showing them how their actions and decisions can impact on the organisation''s financial working.

Designed for anyone who needs to improve their finance knowledge, from those without the basic tools to those who want a refresher.

This course helps learners to:

• Be able to understand primary financial statements - balance sheet, profit and loss account and cash flow statement
• Understand the basic principles of capital appraisal
• Appreciate the importance of cash flow and the impact of their actions upon it
• Understand the importance of managing working capital and identifying their contribution to this process
• Understand the rules of, and need for, budgeting
• Communicate more effectively and constructively with the finance department
• Identify ways of improving your company''s profitability, through an increased understanding of its financial workings

Throughout this highly interactive course there are opportunities to practice and test the skills you are learning.

• Understanding a balance sheet
• Profit and loss accounts explained
• Accruals, deferrals and provisions
• Fixed assets and depreciation
• Nature of costs examined
• The importance of cash flow
• Management of working capital
• Reading and understanding accounts
• Budgets: The theory and the practice
• The theory of pricing

This course runs as a public event, please check the ''Course Dates'' tab above.
Want this course as an inhouse event, tailored to meet your exact needs?
Contact us for a bespoke detailed course outline